Finnish Startup Community publishes its Startup Barometer

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Finnish Startup Community publishes its Startup Barometer

The Finnish Startup Community FSC publishes its startup barometer for the first time. The purpose of the quarterly publication is to map the views of companies and investors operating in the startup ecosystem on their own and the surrounding economic situation.

According to the barometer, Finnish startups have strong trust in their own growth potential. There is no such confidence in the surrounding economic situation.

The deterioration of the security situation in Finland's immediate environment caused by Russia is a cause for concern for the companies. The Finnish Startup Barometer has increased their staff in recent years. The majority of companies believe that they will increase their headcount in the near future. There are indications that the lack of a skilled workforce is an obstacle to growth, and there are also indications from other statistics. As many as 56 percent of respondents said there was a shortage of skilled labor as a barrier to growth or at least slowing it down. It is in our nation's interest that the solution to the talent shortage is tackled with strong measures. In the future, Finland s new high-productivity jobs will increasingly be created by startups, according to FSC economist Youssef Zad.

The competition for experts in the market is fierce and the attraction of experts must be based on a variety of means, says Mikael Thuneberg, CEO and founder of Supermetrics. We look at the salaries of our employees on a quarterly basis instead of annual salary rounds, which allows us to react quickly to changes in the market situation. Thuneberg says that all of our employees will benefit from the fruits of growth through our stock option program. In addition to salary and various benefits, Supermetrics' strong and diverse organizational culture adds to its attractiveness. Ville Lepp l CEO and co-founder of Huuva says that our growth has been rapid, but the constant challenge we have faced since the beginning of Huuva is finding the right talent. We are looking out for technical people but also for folks skilled in international growth and kitchen operations, from line cooks to expansion managers. According to FSC economist Youssef Zad, startups coordinate labor market demand and supply according to a textbook example. If there is a shortage of labor, the price of labor must seek a new balance. The recent labor market disputes in Finland are a topical topical topical for Huuva's approach to skills shortages.